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Month: August 2016

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New charges arising from Cayman Islands chiropractic practice From RCIPS On 9th August 2016 the 47-year-old man charged on 6 July was charged with two further counts of indecent assault relating to allegations made by two additional female patients. He…

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Cayman Islands Humane Society: Nero & Reno want a home

From Cayman Islands Humane Society NERO Nero is looking for his forever home. He was surrendered to us a week ago and has been in hospital ever since. This poorly boy wasn’t eating and it wasn’t clear why until he had…

Meet the Cayman Islands finalists of Proud of Them: David & Kasinda

David Forbes David Forbes, 18, is an exemplary student who already has a string of major awards and personal achievements under his belt. His record of academic success began early in life, when he was named the Head Boy at…

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The Editor Speaks: Watching the Olympics via television

Even though the local station CITN/Cayman27 were showing the Olympic Games via ESPN with focus on Caribbean athletes breaks, one of our media outlets plugged the NBC feed. There was no mention of any of the other feeds that included…

When an athlete’s relationships are more important than success in her sport

BY REBECCA RUIZ From Mashable Gone are the days when female athletes were openly demeaned or ridiculed in sports coverage. The change is welcome, but it hasn’t exactly liberated women from stereotypes that acknowledge their gender first and their success…

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ESMA advice extending the AIFMD Passport: Including the United States, Hong Kong, Singapore and Switzerland

By Michelle Falcucci and Winston Penhall Reed Smith LLP From Private Funds Law Posted in Alternative Investment Fund, Hedge Funds, Private Equity, Real Estate Funds, Regulation, United States On 18 July 2016 the European Securities and Markets Authority (ESMA) published…

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Cayman Islands: More clarity on redemption rights for distressed funds

By Robert Searle DEACONS From Lexology When Cayman Islands funds undergo liquidity stress on their balance sheet due to holding illiquid assets or irregular large redemption requests, directors of Cayman Islands funds generally consider mechanics to provide for an orderly…

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Termination of Cayman Islands regulated mutual funds

By Caroline Heal and Prasana  Walkers From Mondaq Early action to reduce costs and minimise 2017 fees  If you are considering winding up a Cayman Islands regulated mutual fund (a “Fund”), it would be prudent to start the process now with a…

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Delta went down, and its back-up system didn’t have a chance to save it

BY COLIN DAILEDA From Mashable On its website, Delta Air Lines touts that it was named one of Fortune’s 50 most admired companies this year, in part because its “industry-leading global network” connects 180 million passengers per year to 335 destinations…

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World Bank and Caribbean Export partner to strengthen early-stage investment in the Caribbean

Bridgetown, BARBADOS, Aug. 9, 2016 — The Caribbean Export Development Agency (Caribbean Export) is partnering with the World Bank Group to bring greater access to finance for Caribbean entrepreneurs and develop the region’s angel investment ecosystem. The new program, LINK-CARIBBEAN,…